British Prime Minister Boris Johnson on Thursday announced his decision to step down as the Conservative Party leader, saying he was sad to give up the best job in the world. “I want you to know how sad I am to be giving up the best job in the world,” Johnson said in an address to the nation outside 10 Downing Street - the official residence of the British Prime Minister. Johnson, 58, will remain in charge at 10 Downing Street until the process of electing a new leader is completed by the time of the Conservative Party conference, scheduled for October.

Not ‘remotely indispensable’

In his address, Johnson said that in politics, no one is “remotely indispensable”. He also promised to give the new leader as much support as he can. After days of battling for his job, Johnson was deserted by all but a handful of allies after the latest in a series of scandals broke their willingness to support him. “Of course, it is painful to not to be able to see through so many ideas and projects,” Johnson said at the door of Number 10 Downing Street. “But as we have seen at Westminster the herd instinct is powerful and when the herd moves, it moves.”